Group items tagged

Exports to Europe could witness a slump of close to 10 percent and even the government's overall export target of $ 200 billion for this fiscal could be at stake if Euro Zone sovereign crisis is not prevented from spreading to larger part of European Union, according to a new study carried out by an industry body.

A failure to reach an agreement on debt cuts threatens to end the payroll tax reduction and unemployment benefits simultaneously. The impact this could have on the 2012 economy is more significant than some realize.